Which of the following risks is irrelevant for the purpose of determining the risk premium of a security??
A. ?Political risk
B. ?Exchange rate risk
C. ?Maturity risk
D. ?Business risk
E. ?Inflation risk
Answer: D
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Which of the following is not a correct statement with respect to the interest cost component of pension expense?
A. The interest cost component of pension expense in year two is determined by multiplying the projected benefit obligation at the beginning of year two by the discount rate. B. The interest cost component of a defined benefit pension plan is the portion of expense due to the passage of time. C. The same interest rate is used to compute service cost, interest cost, and return on plan assets. D. The interest cost increases the PBO and also increases the pension expense.
Both the SEC and the PCAOB require management to use the COBIT framework for assessing internal control adequacy
Indicate whether the statement is true or false
Choose the correct verb in parentheses. I (shall, will) meet you in the lobby at 5:30
Which of the following is preferred usage?
A) Anyone who wants to attend the conference must submit his registration form by April 30. B) Anyone who wants to attend the conference must submit their registration form by April 30. C) All those who want to attend the conference must submit their registration forms by April 30.